The 3d Printing Etf Buy Hold or Sell Recommendation
| PRNT Etf | USD 21.56 0.28 1.32% |
Given the investment horizon of 90 days and your slightly conservative level of risk, our recommendation regarding The 3D Printing is 'Hold'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell The 3D Printing given historical horizon and risk tolerance towards 3D Printing. When Macroaxis issues a 'buy' or 'sell' recommendation for The 3D Printing, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out 3D Printing Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual funds such as PRNT and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards The 3D Printing. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
PRNT |
Execute 3D Printing Buy or Sell Advice
The PRNT recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on The 3D Printing. Macroaxis does not own or have any residual interests in The 3D Printing or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute 3D Printing's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Hold
Market Performance | Insignificant | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Almost neglects market trends | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Not Available | Details | |
Financial Leverage | Not Rated | Details |
3D Printing Trading Alerts and Improvement Suggestions
| Latest headline from thelincolnianonline.com: 3D Printing ETF Shares Down 0.6 percent Whats Next | |
| The fund created three year return of -16.0% | |
| 3D Printing maintains 99.8% of its assets in stocks |
3D Printing Returns Distribution Density
The distribution of 3D Printing's historical returns is an attempt to chart the uncertainty of 3D Printing's future price movements. The chart of the probability distribution of 3D Printing daily returns describes the distribution of returns around its average expected value. We use The 3D Printing price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of 3D Printing returns is essential to provide solid investment advice for 3D Printing.
| Mean Return | 0.12 | Value At Risk | -1.87 | Potential Upside | 2.78 | Standard Deviation | 1.35 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of 3D Printing historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
3D Printing Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to 3D Printing or ARK ETF Trust sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that 3D Printing's price will be affected by overall etf market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a PRNT etf's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.0027 | |
β | Beta against Dow Jones | 1.36 | |
σ | Overall volatility | 1.33 | |
Ir | Information ratio | 0.02 |
3D Printing Volatility Alert
The 3D Printing has relatively low volatility with skewness of 0.25 and kurtosis of 0.04. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure 3D Printing's etf risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact 3D Printing's etf price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.3D Printing Fundamentals Vs Peers
Comparing 3D Printing's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze 3D Printing's direct or indirect competition across all of the common fundamentals between 3D Printing and the related equities. This way, we can detect undervalued stocks with similar characteristics as 3D Printing or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of 3D Printing's fundamental indicators could also be used in its relative valuation, which is a method of valuing 3D Printing by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare 3D Printing to competition |
| Fundamentals | 3D Printing | Peer Average |
| Beta | 1.36 | |
| One Year Return | 2.60 % | (0.97) % |
| Three Year Return | (16.40) % | 3.23 % |
| Net Asset | 176.65 M | 2.29 B |
| Last Dividend Paid | 0.015 | 0.14 |
| Equity Positions Weight | 99.80 % | 52.82 % |
3D Printing Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as PRNT . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About 3D Printing Buy or Sell Advice
When is the right time to buy or sell The 3D Printing? Buying financial instruments such as PRNT Etf isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having 3D Printing in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Beer and Liquor Thematic Idea Now
Beer and Liquor
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Beer and Liquor theme has 31 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Beer and Liquor Theme or any other thematic opportunities.
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Check out 3D Printing Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
The market value of 3D Printing is measured differently than its book value, which is the value of PRNT that is recorded on the company's balance sheet. Investors also form their own opinion of 3D Printing's value that differs from its market value or its book value, called intrinsic value, which is 3D Printing's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because 3D Printing's market value can be influenced by many factors that don't directly affect 3D Printing's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between 3D Printing's value and its price as these two are different measures arrived at by different means. Investors typically determine if 3D Printing is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 3D Printing's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.